Fast Money Blog- 10/17/25
This week the stock market began reacting to the U.S. Government shutdown. Market observers noticed stocks like Amazon.com, Inc. (AMZN), NVIDIA Corporation (NVDA), and Costco Wholesale Corporation (COST) retreating from their one month highs.
Keep in mind the stock market strongly dislikes political uncertainty. Until this issue is resolved I foresee stocks staying range-bound.
In this environment, selling three week covered calls will keep consistent cash flow in your trading account.
On the other hand, Dow component Walmart, Inc. (WMT) had a great week as the company benefited from the announcement that the company will be partnering with OpenAI to let customers shop using Chat GPT, allowing users to search for items and place orders through the chatbot.
Over the last 52 weeks WMT has gone from a low of $79.81 to a high of $109.58.
Winning stocks aren’t always in the tech sector. Retail stocks like WMT should not be overlooked or dismissed when it comes to long-term investing.
Stay Disciplined. Stay Positive.
Tyrone Jackson, The Wealthy Investor